Discussion in 'Trading' started by NvrSettLe, Jul 6, 2005.

  1. Does anyone know if there is any news out today on this stock?If so, could you please post a link? I couldn't find anything in my news sources.

  2. The above is old news (July 1st)

    Today, there's news but actually nothing good:

    05-Jul-05 15:47 ET In Play Catuity follow-up (CTTY) 11.85 +2.35 : -Update- From today's 8-K: "On June 27, 2005, the Nasdaq staff notified Catuity that, due to the sudden death of Mr. Alan Gilman, one of the Company's Directors, on June 9 and the June 22 resignation of Mr. Duncan Mount from the Board, the Company was out of compliance with Nasdaq Marketplace Rule 4350 for continuous listing on the Nasdaq SmallCap Market. The Nasdaq Rule requires all listed companies to have three independent directors on the Audit Committee of the Board... Under the Nasdaq Rule, the Company has until the earlier of its next Annual Shareholder Meeting or until June 22, 2006 to regain compliance. Catuity's next Annual Shareholder Meeting will be held on July 18, 2005... The Board of Directors has begun its efforts in earnest to identify qualified candidates..."
    05-Jul-05 15:44 ET In Play Catuity receives non-compliance notice from Nasdaq - Bloomberg (CTTY) 11.93 +2.43 :